Toshiba’s Nuclear Reactor Mess Winds Back to a Louisiana Swamp
- Westinghouse hired Shaw Group to help build U.S. projects
- Company braces for write-down that could reach billions
How Toshiba Writedown Will Affect Nuclear Construction
If you want to understand why Toshiba Corp. is about to report a multi-billion dollar write-down on its nuclear reactor business, the story begins and ends with a one-time pipe manufacturer with roots in the swamp country of Louisiana.